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Looking to buy a business? Make sure you get your Due Diligence done first!
Posted: 18th November 2019
When you decide to buy a business, the first thing you need to do is evaluate what you are purchasing – both the good (assets) and the bad (liabilities). The due diligence (DD) process is the pathway for you to: obtain information about the company – is it a good deal or not? get a […]
Scientist who created a ground-breaking diabetic tool awarded £2m after 13-year legal battle with former employers
Posted: 12th November 2019
A scientist has been awarded £2 million compensation by The Supreme Court after a 13-year legal battle. The claim was brought under section 40 of the Patents Act 1977. The Supreme Court overturned the previous decisions in the case and held that Professor Ian Shanks, a former employee of Unilever UK Central Resources Ltd (“CRL”) […]
Google Wins ‘Right To Be Forgotten’ Case
Posted: 1st October 2019
The European Court of Justice (ECJ) ruled that Google does not have to apply the ‘right to be forgotten’ worldwide, only in Europe. This means that Google must remove outdated information or irrelevant links from the European version of its search results, but not globally, after receiving an appropriate request for the removal. The […]
The IoD Women as Leaders Convention
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Posted: 10th October 2018
Yesterday a team from Franklins invited a group of women in business to share a table with us at the IoD’s third Women as Leader’s Convention. Here are some highlights of the day and what we enjoyed about the event… The Attendees We were pleased to see a real diverse mix of women (and some […]
The pitfalls of incorporating your own company
Posted: 7th December 2015
More and more people are incorporating their own company online because registering at Companies House can be a simple process and having your own company can be a great business structure to use as it limits your personal liability. However, many people simply incorporate and don’t tailor a company to the needs of the business. […]
How to sell a business
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Posted: 23rd October 2015
We are all familiar with the concept of buying and selling a house and all of the preparation work that goes into it. Long before a solicitor or an estate agent is instructed we prepare our house to make it as marketable as possible; we de-clutter the kitchen, paint the walls and make sure those […]
Updates to your Articles of Association (if pre-Oct 2007)
Posted: 9th October 2015
The Companies Act 2006 was introduced nearly 10 years ago, yet not all companies are up to date and not all directors are aware of their obligations. If a company was incorporated prior to 1 October 2007, then unless it has expressly adopted the new amendments, the company and its articles are affected. This could […]
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